By Miyoung Kim SEOUL, May 30 (Reuters) - A family feud at Samsung Group, parent of the world's largest electronics company by revenue, could upset the smooth handover of control of a smartphones-to-ships conglomerate whose $234 billion annual sales are bigger than the economy of Singapore. Lee Kun-hee, South Korea's richest man and chairman of Samsung Electronics, on Wednesday defends three lawsuits from his elder brother, Lee Maeng-hee, a sister and another...

SEOUL (Reuters) - Unassuming, media-shy and, as yet, unproven, Jay Y. Lee is the unofficial heir-apparent to lead Samsung Electronics Co Ltd, as the world's biggest technology group by sales approaches a crossroads after years of explosive growth. The only son of Samsung's frail 72-year-old chairman Lee Kun-hee, Jay has been groomed for years to take over the sprawling South Korean family-run "chaebol", a conglomerate with interests spanning technology and insurance to...

SEOUL (Reuters) - Unassuming, media-shy and, as yet, unproven, Jay Y. Lee is the unofficial heir-apparent to lead Samsung Electronics Co Ltd, as the world's biggest technology group by sales approaches a crossroads after years of explosive growth. The only son of Samsung's frail 72-year-old chairman Lee Kun-hee, Jay has been groomed for years to take over the sprawling South Korean family-run "chaebol", a conglomerate with interests spanning technology and insurance to...

By Miyoung Kim SEOUL, May 30 (Reuters) - A family feud at Samsung Group, parent of the world's largest electronics company by revenue, could upset the smooth handover of control of a smartphones-to-ships conglomerate whose $234 billion annual sales are bigger than the economy of Singapore. Lee Kun-hee, South Korea's richest man and chairman of Samsung Electronics, on Wednesday defends three lawsuits from his elder brother, Lee Maeng-hee, a sister and another...

- William Bush, the younger brother of President Bush, agreed to work as a consultant for the Samsung group, one of South Korea's largest conglomerates. "A basic agreement has been reached and both sides are working on details, including terms of a contract," said the spokesman, who declined to be named. Under the contract, the spokesman said the younger Bush will occasionally advise Samsung Chairman Lee Kun Hee on managerial matters on a case-by-case basis. Samsung is a...

By Jack Kim and Ju-min Park SEOUL, April 5 (Reuters) - If you are a South Korean you might well wake up in a Samsung-built apartment, watch the news on an LG television, drive a Hyundai car to work and make a dinner reservation at a Lotte Hotel restaurant on a Samsung phone. If you are really lucky, you could be one of the tens of thousands of graduates hired each year by the family-run conglomerates or chaebol whose annual revenues are equivalent to the country's...

Scandal-plagued Samsung Group vowed Thursday to change the way it does business after its chairman was indicted on criminal charges. That's a familiar refrain from South Korea's biggest conglomerate, which for decades has helped drive the country's economic growth while drawing flak amid claims of shady practices. Special prosecutors on Thursday indicted Chairman Lee Kun-Hee on charges of evading $114 million in taxes and breach of trust, ending a three-month probe prompted by allegations by...

SEOUL, Feb 1 (Reuters) - Samsung Electronics Co Ltd Chairman Lee Kun-hee fended off a lawsuit by estranged family members demanding he hand over billions of dollars of shares in Samsung companies as a South Korean court ruled in his favour on Friday. Lee, 71, and Samsung Everland, a de facto holding company for the country's largest conglomerate, were defending three lawsuits by Lee's relatives seeking nearly $4 billion in assets in Samsung Life...

South Korea's ex-president Roh Tae Woo, on the first day of his trial on charges of bribery on Monday, admitted taking money from business groups but denied the cash was in return for favors. Roh, the first former South Korean leader to face criminal action for alleged wrongdoing in office, also told the court he and his chief bodyguard had disposed of account books detailing a $650 million political slush fund he amassed while in office from 1988-93. Asked by a...